Settlement Processor Salary in the United States

How much does a Settlement Processor make in the United States?

As of January 01, 2026, the average salary for a Settlement Processor in the United States is $49,451 per year, which breaks down to an hourly rate of $24.

However, a Settlement Processor's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $58,981
  • Majority Range (25th-75th percentile): $45,688 to $54,439
  • Entry-Level (10th percentile): $42,263
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View as table View as graph 25% $45,688 10% $42,263 90% $58,981 75% $54,439 $49,451 50%(Median) Didn’t find job title? Click

Settlement Processor Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $54,439 $4,537 $1,047 $26
Average $49,451 $4,121 $951 $24
25th Percentile $45,688 $3,807 $879 $22
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Key Factors That Influence Settlement Processor Salaries

A Settlement Processor's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Settlement Processor Salaries?

Experience is a primary driver of a Settlement Processor's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $47,859
  • Early Career (1-2 years): $47,970
  • Mid-Level (2-4 years): $50,331
  • Senior-Level (5-8 years): $51,505
  • Expert (over 8 years): $51,651
Levels Salary
Entry Level Settlement Processor$47,859
Intermediate Level Settlement Processor$47,970
Senior Level Settlement Processor$50,331
Specialist Level Settlement Processor$51,505
Expert Level Settlement Processor$51,651
$47,859 0 yr
$47,970 < 2 yrs
$50,331 2-4 yrs
$51,505 5-8 yrs
$51,651 > 8 yrs
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What Am I Worth?

Top Paying Cities for Settlement Processors

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $62,372
  • San Francisco: $61,759
  • Oakland: $60,389

What Skills Can Increase a Settlement Processor's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 9.84% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  • Data Entry (Mentioned in 2.85% Job Postings): Transcribing information into an electronic medium such as a computer or other electronic device.
  • Loan Review (Mentioned in 1.38% Job Postings): Loan review is a process routinely used by banks to assess the current value of loan portfolios. Provisioning is a technique to translate loan review results into the balance sheet.
See More Skills
Skills Demand Percentage
Customer Service 9.84%
Data Entry 2.85%
Loan Review 1.38%
What skills can make your compensation higher?
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Settlement Processor's salary.
  • Team Operations: Can increase your salary by up to 7%.
  • Leadership: Can increase your salary by up to 6%.
  • Onboarding: Can increase your salary by up to 5%.
Skill Salary Salary % Increase
Team Operations
$52,912
7%
Leadership
$52,418
6%
Onboarding
$51,923
5%
Prioritization
$51,923
5%
Presentation
$51,923
5%
Customer Relationship
$51,429
4%
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How Education impacts a Settlement Processor's Salary?

Your level of education can impact your salary potential. While many Settlement Processors enter the field with a High School Diploma or Technical Certificate degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Settlement Processor with a High School Diploma or Technical Certificate is between $44,900 and $47,669).

Settlement Processor Salaries by Degree Level

Typical Education for Settlement Processor
Degree Level % of user with this level of education
No Diploma 48.5%
High School 48.5%
Associates 18.2%
Bachelors 27.3%
Masters 6.1%
Doctorate 0.0%
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Settlement Processor Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Settlement Processor's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on January 01, 2026

Salary Trends for Settlement Processor

Salaries for a Settlement Processor can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $45,403 in 2023 to around $45,345 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Settlement Processor salary trends, .

Average Annual Salary of Settlement Processor Over Time

2022
$???
2023
$45,403
2024
$45,528
2025
$45,345
2026
$???
2027
$???
Year Average Annual Salary
2022
View More
2023 $45,403
2024 $45,528
2025 $45,345
2026
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2027
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Most common benefits for Settlement Processor

Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
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Common company salaries for Settlement Processor

Here are companies hiring for Settlement Processor and their salaries, click below for more details.

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Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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